Fort Worth is the fifth-largest city in the U.S. state of Texas and the 13th-largest city in the United States. It is the county seat of Tarrant County, covering nearly 350 square miles (910 km2) into four other counties: Denton, Johnson, Parker and Wise. According to the 2019 census estimates, Fort Worth's population was 909,585. Fort Worth is the second-largest city in the Dallas–Fort Worth–Arlington metropolitan area, which is the 4th most populous metropolitan area in the United States.

Fort Worth was established in 1849 as an army outpost on a bluff overlooking the Trinity River. Fort Worth has been a center of the longhorn cattle trade and a major livestock market. The city is also known as the "Where the West Begins" as it is considered to be the westernmost city of the American Frontier. In the late 19th century, Fort Worth became one of the largest cattle-shipping centers in the United States. It was also a major stop on the legendary Chisholm Trail and served as a headquarters for the Texas Cattle Raisers Association.

The city is home to three Fortune 500 companies, American Airlines Group, BNSF Railway, and Pier 1 Imports. Fort Worth is the headquarters for five major oil and gas companies, including XTO Energy, ConocoPhillips, Range Resources, Chesapeake Energy, and Quicksilver Resources. The city also has a large manufacturing base with companies such as Bell Helicopter Textron, Lockheed Martin, and Northrop Grumman.

Comparing SBA Loan Types in Fort Worth

Our Experts

When it comes to small business loans, the SBA 7(a), SBA 504, and SBA Express programs are some of the best options available. Boasting favorable terms and low rates, these financing vehicles can provide up to $5 million for your business plans.

SBA 7(a) Loans specifically connects small business owners with lenders across the country who are prepared to offer the very best terms to support their businesses. If you're looking to buy commercial real estate or equipment, or if you need access to repair capital, SBA 7(a) loans should definitely be one of your top options.

Our experienced team will provide you with the very best terms from our network of lenders to ensure your business has what it needs to succeed. We offer this service completely free of charge.

Looking for more information about Fort Worth? Read on below. Otherwise, click the button below, and we'll get right back to you with your free SBA 7(a) loan quote.

Small Business Loans Available in Fort Worth

There are several options for small business loans in Fort Worth. The Small Business Administration (SBA) offers several loan programs, including the 7a, 504, and Express programs, that can be used for a variety of purposes, such as working capital, equipment, and real estate. SBA loans are backed by the government and usually have lower interest rates and longer repayment terms than other types of loans.

1. SBA 7(a) Loans

The SBA 7(a) loan program is the Small Business Administration's most popular loan program. It can be used for a variety of different purposes, from working capital to equipment and even real estate. An SBA 7(a) loan's interest rate is generally lower than interest rates on conventional loans. Loan terms are also longer than most conventional loans, which keeps monthly debt service costs low. SBA 7(a) loans are capped at $5 million.

2. SBA 504 Loans

The SBA 504 program is aimed at businesses looking to acquire heavy equipment or fixed assets or for purchasing or developing real estate. Loan terms are typically up to 10 years for equipment purchases and 25 years for real estate, and interest rates are generally lower than most conventional financing options.

3. SBA Express Loans

SBA's Express Loan program are designed for speed: While loans max out at $500,000, the application turnaround time is just a few days. This convenience does not come for free, with interest rates generally higher — and repayment schedules typically shorter — than other SBA loan types, which increases the cost of debt service.

If you are interested in applying for a small business loan in Fort Worth, we’ll match you with the best lender: Click here for a free quote.

Getting the Right Insurance for Your Property

If you own the property you operate out of, you'll need adequate insurance in place as part of the SBA financing process. Unfortunately, the cost of property insurance has shot up in recent years — and not just in the disaster-prone areas that may immediately come to mind.

Janover Insurance Group is happy to provide you with a free, zero-obligation quote on insuring the commercial real estate your business owns and occupies. Simply click here to get started.